đ Latest $MYX Market Update
Price Bounce: $MYX has posted sharp short-term gains (20â34%+) with big intraday swings as traders react to market structure and news catalysts.
Volatility Is Still High: Despite these rallies, $MYX remains far below its September 2025 all-time high (~94% lower) and has seen heavy weekly and monthly declines, signaling ongoing risk.
Recent Bullish Drivers: The biggest catalyst has been a strategic funding round led by Consensys , boosting confidence and fueling short-covering and derivatives activity.
Market Structure: Only around 19% of total supply is circulating, creating an unusual risk profile; future unlocks could add selling pressure.
Technical Levels: Bulls are eyeing reclaiming key resistance above $1.20â$1.73; a breakout could attract more demand, but sustained volume is crucial.